Change Real Estate
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50 W Monroe Street

Mount Holly, NJ 08060 · None Available
$299,000
ActiveMLS# NJBL2112790
MONROE — primary photo
4
Beds
2
Baths
1,200
Sq Ft
0.11
Acre Lot
1930
Year Built
None
HOA

About This Home

Investor Special! Income-Producing Duplex in Desirable Mount Holly Borough! Welcome to 50 W Monroe St, an incredible duplex investment opportunity located in the heart of desirable Mount Holly Borough. Whether you're an investor looking to grow your portfolio, searching for a cash-flowing rental property, or a savvy buyer interested in house hacking by living in one unit while renting the other, this property offers strong rental income potential, flexibility, and long-term value. The property features two vacant units, giving the next owner the opportunity to set market rents immediately. The first unit is a 1-bedroom, 1-bath with projected market rents of approximately $2,000 per month, while the second unit is a spacious 3-bedroom, 1-bath with estimated market rents of approximately $2,300 per month. With both units delivered vacant, buyers have the flexibility to make updates if desired, move into one unit, or lease both for maximum income potential. Offering an estimated combined rental income of approximately $4,300 per month, this income-producing multi-family property is an excellent opportunity for buy-and-hold investors, first-time investors, or owner-occupants looking to offset their mortgage with rental income. Additional highlights include off-street parking, a huge backyard, separate living spaces, and excellent tenant appeal. Conveniently located just minutes from Mount Holly's vibrant Mill Street district, you'll enjoy easy access to popular restaurants, breweries, shopping, parks, and local businesses while remaining close to major highways for an easy commute. Don't miss your chance to own a versatile investment property with outstanding cash flow potential in one of Burlington County's most desirable and growing communities. Schedule your private tour today!

Property Features

Property Type: Residential
Heating: Baseboard - Electric
Cooling: None
Flooring: Laminated
Interior Features: Kitchen - Eat-In
Exterior Features: Sidewalks, Street Lights, Exterior Lighting
Appliances: Range Hood
Architectural Style: ['Traditional']